B&CE furloughs 140 staff and changes charging structure

James Phillips
clock • 3 min read

B&CE, the provider of The People’s Pension, has furloughed just under a quarter of its members of staff in response to pressures from the Covid-19 crisis.

The master trust provider said around 140 staff have been asked not to work, but they will kept on payroll in order to take advantage of the government's Coronavirus Job Retention Scheme. This will...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Defined Contribution

Smart Pension, Ctrl Alt, Mobius and Octopus launch tokenisation coalition

Smart Pension, Ctrl Alt, Mobius and Octopus launch tokenisation coalition

TRAC aims to expand pension investment, increase efficiencies and support UK growth

Jonathan Stapleton
clock 10 December 2025 • 2 min read
Comparing FCA 'Pathway 1' decumulation solutions

Comparing FCA 'Pathway 1' decumulation solutions

DWA’s Pete Osthwaite asks how long is five years for an almost retired person?

Pete Osthwaite
clock 08 December 2025 • 5 min read
Equities lead Q3 charge as DC defaults continue to deliver strong performance

Equities lead Q3 charge as DC defaults continue to deliver strong performance

Patterns highlight the value of diversified exposures across regions and asset classes

Jonathan Stapleton
clock 08 December 2025 • 3 min read
Trustpilot